April 21, 2026 EdgeCore Internet Real Estate, LLC
US data center firm EdgeCore has secured new financing to support its build-out in Virginia. The company this week announced the completion of two financial transactions totaling $1.5 billion to fund the construction of two single-tenant hyperscale data centers in Northern Virginia, AS01 and...
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August 20, 2025 EdgeCore Internet Real Estate, LLC
Build-to-suit data center company EdgeConneX will set up data centers in Chicago and Atlanta for neocloud Lambda to support hybrid cooling with liquid-to-the-chip direct cooling and air cooling, and join two existing air-cooled facilities across both cities. "Our partnership with Lambda...
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March 14, 2024 EdgeCore Internet Real Estate, LLC
EdgeCore Digital Infrastructure has completely secured a $440 million debt financing deal for its Silicon Valley data center buildout. This deal along with a $1.9 billion deal secured in January, were both structured as Green Loans, with ING Capital LLC as the sole Green Loan Structuring Agent....
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January 05, 2024 EdgeCore Internet Real Estate, LLC
US data center firm EdgeCore Digital Infrastructure recently raised $1.9 billion in a debt financing transaction to fund scalable development on its campus in Mesa, Arizona. This financing comprises a limited-recourse senior secured term loan, a revolving senior secured letter of credit facility,...
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November 20, 2023 San Francisco Bay Area
OpenAI's co-founder and president, Greg Brockman, has quit the company after the board suddenly fired CEO Sam Altman last week. Brockman, who was initially made to step down as board chairman, has left the company. The board is yet to disclose the exact reason for firing Altman as the company...
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November 19, 2023 San Francisco Bay Area
OpenAI co-founder Sam Altman has been fired as CEO of the artificial intelligence startup as the board denounces confidence in his leadership. In a statement released by the company, the board noted that it “no longer has confidence in his ability to lead.” Mira Murati, OpenAI’s chief technology...
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August 11, 2023 EdgeCore Internet Real Estate, LLC
EdgeCore Digital Infrastructure has begun construction on a new facility in Reno, Nevada. The company announced last week that it has begun construction on its first data center campus in the Reno, Nevada metropolitan area, nearly five years later than originally planned. Two data centers will be...
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August 08, 2023 San Francisco Bay Area
Plans for an entertainment district development in San Jose, California, have been scrapped and replaced with data center plans, it has been announced. Back in 2018, developer Terra Ventures had initially pitched for development known as 'Shops @ Terra'; this would have been an entertainment...
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May 25, 2023 EdgeCore Internet Real Estate, LLC
EdgeCore, an American data center company, intends to construct multiple data centers in Sterling, Virginia. According to a summary of a land development application filed to Loudoun County in February, EdgeCore submitted a site plan to construct a data center in Sterling. The property is located...
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May 12, 2023 San Francisco Bay Area
This week, the San Jose City Council unanimously authorized plans for a sophisticated manufacturing complex and data centers in North San Jose. Denver-based STACK Infrastructure plans to destroy two industrial buildings on a nearly 10-acre parcel, including a former Olympus service center, and...
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May 01, 2023 EdgeCore Internet Real Estate, LLC
EdgeCore Digital Infrastructure has announced that it is expanding its data center campus in Mesa, AZ. Located in the greater Phoenix area, the 40-acre campus will, at full build-out, will be able to support a minimum of 200 MW of critical load. While the company has released details that the...
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April 18, 2023 San Francisco Bay Area
Silicon Valley is experiencing a surge in the construction of data centers, according to a report by real estate services firm Cushman & Wakefield. At the end of last year, 17 new data centers were either under construction or in development, with a total planned area of 4.7 million square...
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April 06, 2023 San Francisco Bay Area
With the construction of its dark fiber network, Bandwidth Infrastructure Group (Bandwidth IG) is enhancing connection options for the San Francisco Bay Area's densely populated area of data centers. Critical fiber infrastructure is now available from Santa Clara in the San Francisco Bay Area to...
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March 31, 2023 EdgeCore Internet Real Estate, LLC
EdgeCore Digital Infrastructure is reportedly working on a new data center with Penzance, a real estate investor and developer. The facility, which will be located at 1501 Moran Road in Sterling, Loudoun County, Northern Virginia will be three stories, spanning a 285,000-square-foot data center...
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March 14, 2023 EdgeCore Internet Real Estate, LLC
Lee Kestler has been named the new CEO of data center builder EdgeCore Digital Infrastructure, a worldwide data center builder, owner, and operator. The company said this week that Kestler has been appointed as the new CEO of EdgeCore, effective immediately, by the board of directors. Tom Ray, a...
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February 01, 2023 EdgeCore Internet Real Estate, LLC
EdgeCore Digital Infrastructure is building a new facility in Santa Clara, California. The company started building the first of two data centers on Juliet Lane and Laurelwood Road this week. The two-story SV01 has 36MW in 255,200 sq ft. The LEED-certified facility will have 72MW in 540,000 sq...
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November 11, 2022 EdgeCore Internet Real Estate, LLC
Partners Group has acquired edgeCore Digital Infrastructure. The equity company revealed that it would fund the $1.2 billion acquisition. The fund will help EdCore develop its existing and future data center facilities. EdgeCore was established in 2018. The data center company is backed by more...
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September 05, 2022 San Francisco Bay Area
JLL and CIM Group have listed a new purpose-built data center for lease. The data center is located at 400 Paul Avenue in San Francisco, California. The data center offers 24MW of power across 182,250 square feet of two-story powered shell building on 7.3 acres. Per additional information in the...
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June 14, 2022 San Francisco Bay Area
As the need for data grows and grows, demand for data center construction is as strong as ever, however, the boom is being hampered by a number of factors, including supply and labor shortages, and price hikes. In a recent report named 'Data center market conditions update - Q1, 2022,'...
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